UNIVERSITY 8-2C

Operated by OVINTIV USA INC. (P-5 628658) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 56812District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.7 M
Apr 2021 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
62
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition313,615 bbl$25,109,933
Casinghead gasProduction363,526 Mcf$1,579,169
Total$26,689,103

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3863, -102.3074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38627, -102.30744 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,015 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,015 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-003482548H9,015 ftApr 2021

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (62)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

62 months

May 20263,0528,723106.413.05$351,332
Apr 20262,2565,66998.932.87$239,455
Mar 20262,8717,09389.753.15$280,011
Feb 20261,8795,17563.503.75$138,724
Jan 20262,8948,10459.138.00$235,937
Dec 20253,2536,79856.664.41$214,317
Nov 20253,2926,79458.593.93$219,555
Oct 20252,9375,61059.383.30$192,939
Sep 20252,5124,65262.743.08$171,917
Aug 20251,5002,55063.933.01$103,583
Jul 20252,0903,30366.743.32$150,437
Jun 20252,3963,73866.483.13$170,981
May 20253,0934,35460.553.23$201,355
Apr 20253,2775,95662.363.54$225,457
Mar 20253,2557,12267.704.27$250,762
Feb 202505,60670.884.34$24,335
Jan 202506,16474.324.28$26,374
Dec 202408,25268.993.12$25,758
Nov 202405,10269.052.20$11,216
Oct 20243,8885,63971.372.28$290,351
Sep 20243,7445,28369.612.36$273,111
Aug 20243,7575,86575.632.06$296,245
Jul 20243,8595,48979.932.15$320,233
Jun 20243,5595,10978.082.63$291,344
May 20243,1424,78378.812.20$258,136
Apr 20243,0784,40384.451.66$267,243
Mar 20243,8585,54780.301.55$318,368
Feb 20244,0845,84676.091.78$321,179
Jan 20244,7386,24073.023.30$366,546
Dec 20234,7336,05071.262.61$353,068
Nov 20234,7495,17577.892.81$384,429
Oct 20233,7285,65985.443.09$335,991
Sep 20234,2745,86589.042.74$396,598
Aug 20233,3023,05180.522.67$274,032
Jul 20232,0661,67974.852.64$159,076
Jun 20230068.962.26$0
May 202377763370.622.23$56,282
Apr 20234,9914,52378.122.24$400,018
Mar 20235,6023,69172.852.39$416,939
Feb 202322138575.112.47$17,549
Jan 20232,0322,05776.533.39$162,478
Dec 20226,0137,66976.415.73$503,390
Nov 20226,9815,86685.005.65$626,506
Oct 20226,6577,36187.185.86$623,520
Sep 20229,0127,16584.888.16$823,431
Aug 20228,6249,62394.529.13$902,971
Jul 20228,8978,787101.587.54$970,030
Jun 20228,78013,585115.097.98$1,118,860
May 202210,3068,874109.378.43$1,202,002
Apr 20226,4844,379104.226.84$705,704
Mar 202210,8635,505108.885.08$1,210,709
Feb 20228,4326,09291.054.86$797,334
Jan 202210,3717,53481.844.54$882,950
Dec 202110,6384,59771.323.90$776,626
Nov 20216,8803,44177.435.24$550,738
Oct 20216,4046,64479.795.71$548,938
Sep 202112,05511,46669.865.35$903,516
Aug 202117,32714,77066.024.22$1,206,267
Jul 202119,12514,22170.783.98$1,410,297
Jun 202117,2468,47169.493.38$1,227,062
May 20217,5803,73963.483.02$492,461
Apr 2021201060.362.76$12,132

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                3,052 bbl  × $106.41 =   $324,763
Casinghead gas     8,723 Mcf  × $  3.05 =    $26,569

────────────────────────────────────────────────────
Month total                                 $351,332

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/56812 is the state's own key, not one this site invented.